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Acting on behalf of the Metropolitan Pier and Exposition Authority, a joint venture led by Clark Construction Group recently completed the headquarters hotel, delivering a 1,205-key lodging destination connected to McCormick Place, the largest convention center in North America.

St. John Properties negotiated three leases at Cromwell Center in Towson, Md. The Goddard School, Anne Arundel Dermatology and McDonnell Consulting will occupy more than 19,000 square feet of office space.

Demand for office space is as strong as ever, prompting developers to roll out a steady stream of new product. The market’s total inventory encompasses 174 million square feet, with an additional 11 million square feet expected to come online by the end of 2017.

Will it be Chicago? Irvine? Canada? According to a 2017 study by Development Counsellors International, survey respondents choosing the three most favorable U.S. business environments placed Texas first with 42 percent.

Fundraising among non-traded REITs is at its lowest level in more than 13 years, and it’s likely to drop even lower this year. The expected total of $4.5 billion is potentially the lowest since the $6 billion raised in 2005, according to figures from Summit Investment Research.